Taxes (Tables)
|
6 Months Ended |
Dec. 31, 2025 |
| Taxes [Abstract] |
|
| Schedule of Loss Before Income Taxes |
The Loss before Income Taxes
consisted of the following components:
| | |
For the six months ended December 31, | |
| | |
2024 | | |
2025 | |
| | |
HKD | | |
HKD | | |
US$ | |
| | |
| | |
| | |
| |
| Hong Kong | |
$ | 1,307,335 | | |
$ | 1,443,325 | | |
$ | 185,440 | |
| Foreign | |
| (27,749,126 | ) | |
| (2,469,999 | ) | |
| (317,347 | ) |
| Total loss before income taxes | |
$ | (26,441,791 | ) | |
$ | (1,026,674 | ) | |
$ | (131,907 | ) |
|
| Schedule of Income Tax Provision |
The income tax provision consisted
of the following components:
| | |
For the six months ended December 31, | |
| | |
2024 | | |
2025 | |
| | |
HKD | | |
HKD | | |
US$ | |
| Current: | |
| | |
| | |
| |
| Hong Kong | |
$ | 87,570 | | |
$ | 120,336 | | |
$ | 15,461 | |
| Total current | |
| 87,570 | | |
| 120,336 | | |
| 15,461 | |
| Total provision for income taxes | |
$ | 87,570 | | |
$ | 120,336 | | |
$ | 15,461 | |
|
| Schedule of Components of the Aggregate Deferred Tax Assets and Liabilities |
The following table
sets forth the significant components of the aggregate deferred tax assets and liabilities as of:
| | |
June 30, 2025 | | |
December 31, 2025 | |
| | |
HKD | | |
HKD | | |
US$ | |
| Deferred Tax Assets/Liabilities | |
| | | |
| | | |
| | |
| Net operating loss carryforwards | |
$ | 364,025 | | |
$ | 216,679 | | |
$ | 27,839 | |
| Less: valuation allowance | |
| (364,025 | ) | |
| (216,679 | ) | |
| (27,839 | ) |
| Deferred tax assets, net | |
$ | - | | |
$ | - | | |
$ | - | |
|
| Schedule of Provision for Income Taxes and the Provision |
A reconciliation between the
Group’s actual provision for income taxes and the provision at the Hong Kong statutory rate was as follows:
| | |
For the six months ended December 31, | |
| | |
2024 | | |
2025 | |
| | |
HKD | | |
HKD | | |
US$ | |
| Loss before income tax | |
$ | (26,441,791 | ) | |
$ | (1,026,674 | ) | |
$ | (131,907 | ) |
| Hong Kong income tax rate | |
| 16.5 | % | |
| 16.5 | % | |
| 16.5 | % |
| Income tax expense computed at statutory rate | |
| (4,362,896 | ) | |
| (169,400 | ) | |
| (21,764 | ) |
| Reconciling items: | |
| | | |
| | | |
| | |
| Non-deductible expenses | |
| 4,483,219 | | |
| 369,201 | | |
| 47,435 | |
| Non-taxable income | |
| (70,758 | ) | |
| (157,279 | ) | |
| (20,208 | ) |
| Preferential rate (1) | |
| (193,617 | ) | |
| (158,289 | ) | |
| (20,337 | ) |
| Temporary difference not recognized | |
| 7,456 | | |
| 55 | | |
| 7 | |
| Valuation allowance | |
| 284,327 | | |
| 44,806 | | |
| 5,757 | |
| Different tax rates of subsidiaries operating in other jurisdictions | |
| 53,895 | | |
| (35,156 | ) | |
| (4,517 | ) |
| (Over) Under-provision in prior year | |
| (114,056 | ) | |
| 226,398 | | |
| 29,088 | |
| Total income tax expense | |
$ | 87,570 | | |
$ | 120,336 | | |
$ | 15,461 | |
| Effective tax rate | |
| -0.33 | % | |
| -11.72 | % | |
| -11.72 | % |
| | (1) | The Group’s basic and diluted losses per share would have been each lowered by HKD0.010 (US$0.001) per share for the six months ended December 31, 2025 and 2024 without the preferential tax rate reduction, respectively. |
|